16 / GRUNDFOS SUSTAINABILITY PROGRESS REPORT 2015 Responsible busin At Grundfos, we believe that being a responsible company is part of doing business. Being a responsible company is a shared responsibility we have across functions and something to which every single employee contributes. To support our employees in complying with the Grundfos Code of Conduct, we have launched various initiatives to help integrate the Code of Conduct in our organisation. Furthermore, we are working on embedding our Human Rights policy and developing our Human Rights due diligence programme. Finally, we continue our implementation of our suppliers’ Code of Conduct. That is what we call Responsible Business Conduct. At Grundfos, we also have an independent ethics committee. The ethics committee is responsible for advising Grundfos Group Management on ethical issues and managing claims of potential breaches of the Grundfos Code of Conduct. In addition to that, we also have a whistle-blower function, where employees have the option to report potential breaches of the Grundfos Code of Conduct anonymously. In 2015, the total number of claims received by the Ethics Committee was 13. Out of the 13 claims received, one, falling under the Conflict of Interest area, was determined to be a breach of the Code of Conduct. We also developed a training programme to strengthen the competencies of the employees conducting investigations into potential breaches of the Grundfos Code of Conduct. Code of conduct The Grundfos Code of Conduct outlines how we expect our employees to conduct themselves while doing business on behalf of Grundfos. Today our Code of Conduct includes 10 topics. To support our employees in complying with the Code of Conduct, we have our Code of Conduct handbook. The handbook is designed to minimise grey areas and present dilemmas our employees run into in everyday business. We also have training modules to enhance the support, and in 2015, we developed a specific training for China inspired by common challenges in that country. This was a joint initiative with our Chinese company, where we trained several employees who can replicate the training in the local language throughout our operations in China. We will replicate this initiative in other countries and regions in the coming years.
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